BTC $64,158.29 +0.04%
ETH $1,868.27 +0.26%
BNB $566.35 +0.79%
XRP $1.09 +0.57%
SOL $74.16 +0.14%
TRX $0.3296 -0.15%
DOGE $0.0711 +2.76%
ADA $0.1647 +0.06%
BCH $209.88 -0.08%
LINK $8.38 -0.01%
HYPE $57.82 -1.75%
AAVE $91.92 -2.98%
SUI $0.7085 -1.45%
XLM $0.1784 +0.26%
ZEC $481.82 -2.91%
BTC $64,158.29 +0.04%
ETH $1,868.27 +0.26%
BNB $566.35 +0.79%
XRP $1.09 +0.57%
SOL $74.16 +0.14%
TRX $0.3296 -0.15%
DOGE $0.0711 +2.76%
ADA $0.1647 +0.06%
BCH $209.88 -0.08%
LINK $8.38 -0.01%
HYPE $57.82 -1.75%
AAVE $91.92 -2.98%
SUI $0.7085 -1.45%
XLM $0.1784 +0.26%
ZEC $481.82 -2.91%

Kaiko: The Bitcoin premium on Binance.US is a reflection of insufficient market liquidity

2023-05-10 22:05:49
Collection

ChainCatcher news, Kaiko data shows that Bitcoin is trading at a 2.5% premium on Binance.US compared to other U.S. exchanges. Blockchain analytics firm Kaiko states that the premium trading of Bitcoin (BTC) on Binance.US is a sign of market illiquidity, rather than evidence of market makers exiting the platform. Speculation about market makers potentially leaving the platform is merely a rumor, as its market depth has not changed.

ChainCatcher previously reported that the trading premium for Bitcoin on the Binance.US market reached as high as $700. (source link)

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